2009- The Year of the Geopolitical Mess Says Faber

Fund managers best bone up on History and Geography 101, as these forces will exert large pressures on markets in the coming years. Marc Faber of the Gloom Boom Doom report expects 2009 to be quite interesting geopolitically in a note released today.

Lets see, Georgia, Afghanistan, Iraq, Gaza, Iran, Pakistan, India, Venezuela, the DRC, and numerous other possible flash points across the world. This is why we are long defense as a core of our portfolio. We use an etf (ITA) and Fidelity's Defense and Aerospace fund (FSDAX).

Won't be as easy as picking GE, WMT, MSFT, and KO in the 90s or Vale, Petrobras, and Satayam in the mid 2000s!